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2018
Exports $6.92MWorld Rnk 22 / 134
Flag Rnk 919 / 1213
2018
Destination $2.03M Italy
2021 - 2022
FASTEST GROWING MARKET $2.03MItaly
2022
PRODUCT COMPLEXITY IN Photo Lab Equipment2.12Rnk 3 / 1025
2018
Imports $6.36MWorld Rnk 25 / 203
Flag Rnk 1011 / 1214
2018
Origin $190k Netherlands
2021 - 2022
FASTEST GROWING ORIGIN $190kItaly
2022
ECONOMIC COMPLEXITY of Belgium1.25Rnk 19 / 133

About

Exports In 2018, Belgium exported $6.92M in Photo Lab Equipment, making it the 22nd largest exporter of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 919th most exported product in Belgium. The main destination of Photo Lab Equipment exports from Belgium are: Italy ($2.56M), France ($738k), China ($586k), Netherlands ($370k), and United States ($333k).

The fastest growing export markets for Photo Lab Equipment of Belgium between 2021 and 2022 were Italy ($2.03M), Tunisia ($214k), and Turkey ($131k).

Imports In 2022, Belgium imported $6.36M in Photo Lab Equipment, becoming the 25th largest importer of Photo Lab Equipment in the world. At the same year, Photo Lab Equipment was the 1011th most imported product in Belgium. Belgium imports Photo Lab Equipment primarily from: Netherlands ($1.81M), Denmark ($937k), France ($681k), China ($510k), and Italy ($452k).

The fastest growing import markets in Photo Lab Equipment for Belgium between 2021 and 2022 were Italy ($190k), Hong Kong ($96.7k), and Ireland ($56.2k).

Latest Trends

July 2024

About

Overview In July 2024 Belgium's Photo Lab Equipment exports accounted up to €101k and imports accounted up to €509k, resulting in a negative trade balance of €408k. Between July 2023 and July 2024 the exports of Belgium's   Photo Lab Equipment have decreased by €-18.4k (-15.4%) from €120k to €101k, while imports increased by €309k (154%) from €200k to €509k.

Destinations In July 2024, Photo Lab Equipment were exported mostly to Netherlands (€41k), Greece (€15.1k), United Kingdom (€10.5k), France (€7.27k), and Luxembourg (€5.07k), and were imported mostly from Denmark (€207k), Netherlands (€122k), France (€70.3k), Canada (€41.9k), and Germany (€19.8k).

Growth In July 2024, the decrease in Photo Lab Equipment's year-by-year exports was explained primarily by a decrease in exports to United States (€-8.01k or -85.2%), Portugal (€-6.94k or -97.1%), and United Kingdom (€-3.13k or -40.1%). In July 2024, the increase in Photo Lab Equipment's year-by-year imports was explained primarily by an increase in imports from China (€366k or 33.7k%), France (€29.7k or 64.5%), and Norway (€12.4k or 1.84k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (July 2023 - July 2024)€-18.4k(-15.4%)
IMPORT GROWTH (July 2023 - July 2024)€309k(154%)
MAIN DESTINATION (July 2024)Netherlands€41k

This section shows Photo Lab Equipment's exports and imports data at subnational level for Belgium. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Photo Lab Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.92M
IMPORTS (2022)$6.36M
NET TRADE (2022)$551k

In 2022, Belgium exported $6.92M in Photo Lab Equipment. The main destinations of Belgium exports on Photo Lab Equipment were Italy ($2.56M), France ($738k), China ($586k), Netherlands ($370k), and United States ($333k).

In 2022, Belgium imported $6.36M in Photo Lab Equipment, mainly from Netherlands ($1.81M), Denmark ($937k), France ($681k), China ($510k), and Italy ($452k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Photo Lab Equipment EXPORT MARKETS FOR Belgium WERE (2021 - 2022):
Italy$2.03M (381%)
Tunisia$214k (1%)
Turkey$131k (79.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Photo Lab Equipment BY Belgium WERE (2021 - 2022):
Netherlands-$3.52M (-90.5%)
Malaysia-$786k (-99.8%)
Austria-$664k (-99.4%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Belgium's main exporting competitors in Photo Lab Equipment were:
Netherlands $7.53B
Singapore $2.56B
Chinese Taipei $2.26B
In 2022, Belgium's main importing competitors in Photo Lab Equipment were:
Chinese Taipei $14.6B
China $819M
Singapore $559M

Explore Visualizations

Trade Value of Photo Lab Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $450k
TOP IMPORT POTENTIALGermany+ $344k

Photo Lab Equipment’s highest export potential is China. With an export gap of $450k.   Photo Lab Equipment’s highest import potential is Germany with an import gap of $344k.

See methodology.

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